DB vs. MS: Deutsche Bank vs. Morgan Stanley Stock Comparison
How do Deutsche Bank (DB) and Morgan Stanley (MS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Deutsche Bank (DB) and Morgan Stanley (MS) both belong to the Capital Markets industry, though DB is classified under Diversified Capital Markets while MS falls under Investment Banking & Brokerage.
| Profile Item | DB | MS |
|---|---|---|
| Name | Deutsche Bank AG | Morgan Stanley Common Stock |
| Country/Region | Germany | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Diversified Capital Markets | Investment Banking & Brokerage |
| Market Capitalization | 64.60 billion USD | 283.60 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | November 18, 1996 | February 23, 1993 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DB | MS |
|---|---|---|
| Total Return (1Y) | 3.59% | 19.44% |
| Total Return (3Y, Annualized) | 52.91% | 40.69% |
| Total Return (5Y, Annualized) | 26.98% | 17.38% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DB | MS |
|---|---|---|
| Volatility (1Y, Annualized) | 35.30% | 29.73% |
| Beta (5Y) | 1.04 | 1.21 |
| Max Drawdown (5Y) | -54.19% | -32.38% |
| Avg. Volume (3M) | 2.22M | 5.37M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DB | MS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.02 | 0.51 |
| Sortino Ratio (1Y) | -0.03 | 0.73 |
Profitability
ROE (TTM)
Both Deutsche Bank (DB) at 8.98% and Morgan Stanley (MS) at 18.04% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
DB
Financial Services industry group
8.98%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- DB
- 8.98%
- Q1
- 4.48%
- Min
- -18.71%
MS
Financial Services industry group
18.04%
- Max
- 44.78%
- Q3
- 21.85%
- MS
- 18.04%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Both Deutsche Bank (DB) at 22.67% and Morgan Stanley (MS) at 25.63% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
DB
Financial Services industry group
22.67%
- Max
- 62.84%
- Q3
- 28.05%
- DB
- 22.67%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
MS
Financial Services industry group
25.63%
- Max
- 62.84%
- Q3
- 28.05%
- MS
- 25.63%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both Deutsche Bank (DB) at 33.58% and Morgan Stanley (MS) at 39.00% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
DB
Financial Services industry group
33.58%
- Max
- 107.33%
- Q3
- 55.90%
- DB
- 33.58%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
MS
Financial Services industry group
39.00%
- Max
- 107.33%
- Q3
- 55.90%
- MS
- 39.00%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | DB | MS |
|---|---|---|
| ROE (TTM) | 8.98% | 18.04% |
| ROA (TTM) | 0.48% | 1.35% |
| Net Margin (TTM) | 22.67% | 25.63% |
| Operating Margin (TTM) | 33.58% | 39.00% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Deutsche Bank (DB) at 6.83% and Morgan Stanley (MS) at 14.48% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Deutsche Bank (DB) at 130.39% sits in the top EPS growth quartile, while Morgan Stanley (MS) at 28.43% is closer to the peer norm — faster per-share earnings growth for DB.
Growth Metrics
| Metric | DB | MS |
|---|---|---|
| Revenue Growth (YoY) | 6.83% | 14.48% |
| Revenue Growth (3Y CAGR) | 6.39% | 9.52% |
| EPS Growth (YoY) | 130.39% | 28.43% |
| EPS Growth (3Y CAGR) | 10.02% | 18.41% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Deutsche Bank (DB) in Financial Services and Morgan Stanley (MS) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Deutsche Bank (DB) in Financial Services and Morgan Stanley (MS) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | DB | MS |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Deutsche Bank (DB) at 2.75% and Morgan Stanley (MS) at 2.40% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
DB
Financial Services industry group
2.75%
- Max
- 9.77%
- Q3
- 3.92%
- DB
- 2.75%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
MS
Financial Services industry group
2.40%
- Max
- 9.77%
- Q3
- 3.92%
- MS
- 2.40%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Deutsche Bank (DB) at 30.04% and Morgan Stanley (MS) at 32.91% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
DB
Financial Services industry group
30.04%
- Max
- 241.07%
- Q3
- 97.36%
- DB
- 30.04%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
MS
Financial Services industry group
32.91%
- Max
- 241.07%
- Q3
- 97.36%
- MS
- 32.91%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DB | MS |
|---|---|---|
| Dividend Yield (TTM) | 2.75% | 2.40% |
| Dividend Payout Ratio (TTM) | 30.04% | 32.91% |
Valuation
P/E Ratio (TTM)
Deutsche Bank (DB) at 9.00 sits in the cheaper P/E ratio quartile, while Morgan Stanley (MS) at 14.39 is closer to its industry’s usual earnings multiple — a discount for DB, though growth and earnings durability still matter.
DB
Financial Services industry group
9.00
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- DB
- 9.00
- Min
- 0.16
MS
Financial Services industry group
14.39
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- MS
- 14.39
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
On P/S ratio, both Deutsche Bank (DB) at 2.11 and Morgan Stanley (MS) at 3.55 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
DB
Financial Services industry group
2.11
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- DB
- 2.11
- Q1
- 1.28
- Min
- -0.55
MS
Financial Services industry group
3.55
- Max
- 9.23
- Q3
- 4.57
- MS
- 3.55
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Deutsche Bank (DB) at 0.72 sits in the lower P/B ratio quartile against book while Morgan Stanley (MS) at 2.65 is valued near its industry’s middle — DB is cheaper on assets, though weigh it against ROE and asset quality.
DB
Financial Services industry group
0.72
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- DB
- 0.72
- Min
- -0.39
MS
Financial Services industry group
2.65
- Max
- 7.79
- Q3
- 3.63
- MS
- 2.65
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | DB | MS |
|---|---|---|
| P/E Ratio (TTM) | 9.00 | 14.39 |
| P/S Ratio (TTM) | 2.11 | 3.55 |
| P/B Ratio (MRQ) | 0.72 | 2.65 |
| Free Cash Flow Yield (TTM) | -- | -- |